NAC688A.387. Calculation of reserve liabilities and nonforfeiture values.

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Except as otherwise provided in NAC 688A.390, for preneed insurance:

     1. The minimum mortality standard for determining reserve liabilities and nonforfeiture values for both male and female insureds must be determined based on the Ultimate 1980 CSO Mortality Table;

     2. The standard for the minimum valuation of reserves must be calculated pursuant to the provisions of NRS 681B.110 to 681B.150, inclusive; and

     3. The standard for the minimum nonforfeiture values must be calculated pursuant to the provisions of NRS 688A.290 to 688A.360, inclusive.

(Added to NAC by Comm’r of Insurance by R166-08, 9-18-2008, eff. 1-1-2009)

                    
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